The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash. “From a shipowner’s or charterer’s perspective, the lower bunker prices provide a glimmer of hope in bleak times. Perhaps less
Heerema’s Sleipnir, the world’s largest semi-submersible crane vessel, has transported and installed the Nova topside module on the Gjøa platform in the North Sea. [embedded content] As previously reported, Sleipnir picked up the 740mT module from a barge outside Stavanger, Norway. From there, the vessel transported the module to Neptune
The Western Australian government is pushing forward to create an international liquefied natural gas fuelling hub in Pilbara. As part of the plan, the WA government is introducing new incentives encouraging ships visiting Pilbara Ports to use cleaner marine fuels like LNG. The government led by premier Mark McGowan will
Australian largest LNG company Woodside has awarded a supply and fabrication contract to compatriot Civmec for the Pluto-Karratha gas plant interconnector project. Pluto LNG (Image courtesy of Woodside) Under the deal, Western Australia-based Civmec will carry out the fabrication of structural steel, piping, a module and skids located within Woodside’s
German engine builder MAN Energy Solutions has partnered up with Japanese shipbuilder Imabari Shipbuilding, ClassNK classification society, Mitsui E&S Machinery, and energy trading firm of Itochu Corporation, Itochu Enex, on the development of a vessel powered by ammonia. The cooperation builds on the work MAN Energy Solutions has already launched
Norway’s TeamTec said it has secured a contract from compatriot Höegh LNG to supply equipment for the latter’s two liquefied natural gas carriers. Arctic Princess and FSRU Independence (Image courtesy of Hoegh LNG) TeamTec will supply new ballast water management systems with electro chlorination for the 2006-built Arctic Princess and
Source: Rauma Marine Constructions. Despite the exceptional circumstances due to the coronavirus pandemic, the construction of the Aurora Botnia, Wasaline’s new car and passenger ferry, is progressing according to schedule, the company said in a recent update. The ship is being built by Finnish shipbuilder Rauma Marine Construction and
The United States exported more liquefied natural gas cargoes in the week ending May 6 when compared to the week before, according to the Energy Information Administration. Image courtesy of Cheniere The agency said in its weekly gas natural gas report that five US terminals dispatched 15 LNG shipments between
